Annual report [Section 13 and 15(d), not S-K Item 405]

Accrued Expenses

v3.25.1
Accrued Expenses
 12 Months Ended
Dec. 31, 2024
Accrued Expenses [Abstract]  
ACCRUED EXPENSES

NOTE 6 - ACCRUED EXPENSES

 

Accrued expenses consist of the following as of December 31, 2024 and 2023:

 

    December 31,  
    2024     2023  
Consulting fees   $
-
     $ 645,081  
Professional fees    
-
       184,846  
Litigation accrual (1)    

300,000

       49,999  
Employee and director compensation    
-
       530,383  
Research and development fees     371,038       378,683  
Interest     58,940       70,923  
Other    

9,696

       9,899  
    $

739,674

     $ 1,869,814  

 

(1) See Note 10 - Commitments and Contingencies, Legal Matters for discussion of settlement agreements related to former officers, directors and consultants.

As of December 31, 2024 and 2023, accrued expenses - related parties were $0.